The manager of The Cheesecake Factory in Memphis reports that on six randomly selected weekdays, the number of customers served was 130, 80, 235, 295, 120, and 140. She believes that the number of customers served on weekdays follows a normal distribution. (You may find it useful to reference the ttable.) Click here for the Excel Data File a. Calculate the margin of error with 90% confidence. (Round final answer to 2 decimal places.) Margin of error b. Construct the 90% confidence interval for the average number of customers served on weekdays. (Round final answers to 2 decimal places.) Lower limit Upper limit
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
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